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Ripple (XRP)

Financial Influence of Casinos on Local Economies

The gambling industry is one of the biggest international businesses. The industry has grown across international borders within the last two decades.  Statistics show that in Australia alone, the iGaming sector is worth over $4.9 billion  with a 13.2% increase in per-adult gambling expenditure in 2023. At this rate, industry is expected to generate $10.14 billion by the end of 2024. These statistics suggest that the industry has created a viable economy with ripple effects. In this...

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Ripple Price Analysis: XRP Explodes Above $0.6 But Will the Bulls Hold?

Following an impulsive surge driven by increased buying pressure near the crucial $0.43 support, XRP’s price has broken through multiple key resistance levels, including the 100 and 200-day moving averages. The market sentiment has shifted bullish, with buyers targeting the critical $0.65 threshold. By Shayan The Daily Chart An in-depth examination of the daily chart shows that after a significant uptick in buying interest near the key $0.43 support region, Ripple...

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Ripple Contributes $1 Million to Unseat Elizabeth Warren

Ripple has contributed $1 million to back XRP advocate John Deaton in his campaign against Senator Elizabeth Warren in the Massachusetts Senate race. The funds are being channeled to the Commonwealth Unity Fund, a new super PAC created by attorney James Murphy, who contributed $50,000 on April 15 to the cause. Ripple’s Support For XRP Advocate Deaton In February, John Deaton officially entered the race for the GOP nomination for the U.S. Senate in Massachusetts to challenge...

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Hackers Gain Control of Filipino Artists’ Accounts to Promote XRP Scam

Multiple Filipino artists had their YouTube channels hacked, with the hackers streaming a deepfake video of XRP co-founder Brad Garlinghouse predicting XRP’s price to rise to $4. Obviously, the video was doctored to get unsuspecting users to follow instructions and have their funds drained. One of the biggest accounts from the series of hacks belonged to Ben&Ben, a pop band comprising nine members, boasting 3.02 million followers. A band member took to Ben&Ben’s official Facebook...

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Is Ripple (XRP) on the Verge of a Massive Bull Run?

It’s pretty much been up only for XRP throughout the past few days. In fact, it’s the best-performing cryptocurrency from the top 20 by means of total market capitalization, increasing by more than 25% in the last week. As CryptoPotato reported earlier, there are a few possible reasons for that, but perhaps the most important one is the renewed optimism that Ripple Labs will get a positive resolution of its case against the US Securities and Exchange Commission. Many believe...

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YTD Digital Asset Inflows Surge to $17.8B, Shattering 2021’s Record

Amidst continued price weakness throughout last week, digital asset investment products saw significant buying activity, with inflows reaching $1.44 billion during that period. This brought the year-to-date (YTD) inflows to a whopping $17.8 billion, which shattered the previous record set three years ago. However, despite this strong inflow, CoinShares reported that trading volumes remained relatively low at $8.9 billion for the week, compared to the annual 7-day average of...

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Ripple Price Analysis: XRP Explodes 20% Weekly, Here Are the Next Targets

Ripple has demonstrated a strong bullish surge from the $0.42 support region, reclaiming significant resistance levels up to the 200-day MA around $0.54. The main challenge lies in overcoming the resistance at $0.54-$0.55, where significant selling pressure is present. By Shayan The Daily Chart An in-depth analysis of the daily chart reveals that XRP faced increased buying interest near the crucial support region of the multi-month descending channel’s middle boundary at...

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